NewsBot
28-Aug-23, 23:24
The Caithness Business Index (http://www.caithness-business.co.uk) has posted the following article:
3.1m People Owe £2.7bn In Shadow Credit Boom - Buy Now Pay Later
More than 3m UK households owe £2.7billion on 'buy now, pay later' (BNPL) borrowing, according to a new analysis by economists at the Bank of England. The figures, which showed those aged between 25 and 34 were the most likely to use it, shed light on the extent of the unregulated practice. [Read Full Article (https://caithness-business.co.uk/article/21126)]
3.1m People Owe £2.7bn In Shadow Credit Boom - Buy Now Pay Later
More than 3m UK households owe £2.7billion on 'buy now, pay later' (BNPL) borrowing, according to a new analysis by economists at the Bank of England. The figures, which showed those aged between 25 and 34 were the most likely to use it, shed light on the extent of the unregulated practice. [Read Full Article (https://caithness-business.co.uk/article/21126)]